Almost two-thirds of all IPOs in the 3Q were healthcare or tech, along with 7 of the top 10 best-performing IPOs. The healthcare sector had 14 offerings raise $4.0 billion; deal flow was driven by biotechs (7) and diagnostics companies (3), while two dental...read more
Nine companies entered the public market this week, led by customer experience software provider Medallia (MDLA) with a first day pop of 76%. The software company priced at $21, well above the range, to raise $326 million at a fully...read more
Phreesia, which provides a patient-intake software platform for healthcare providers, raised $167 million by offering 9.3 million shares at $18, above the range of $15 to $17. Phreesia plans to list on the NYSE under the symbol PHR. J.P. Morgan, Wells Fargo...read more
July's post-holiday flood of IPOs is upon us, with nine diverse offerings and a direct listing scheduled for the second-most active week of the year. The three largest IPOs come from Asia, Europe, and South America, but based on the strong reception of recent...read more
Healthcare and Tech Industries Led IPO Activity in the 3Q
Almost two-thirds of all IPOs in the 3Q were healthcare or tech, along with 7 of the top 10 best-performing IPOs. The healthcare sector had 14 offerings raise $4.0 billion; deal flow was driven by biotechs (7) and diagnostics companies (3), while two dental...read more
US IPO Weekly Recap: Medallia tops a 9-IPO week with a 76% first day return
Nine companies entered the public market this week, led by customer experience software provider Medallia (MDLA) with a first day pop of 76%. The software company priced at $21, well above the range, to raise $326 million at a fully...read more
Phreesia prices upsized IPO at $18, above the range
Phreesia, which provides a patient-intake software platform for healthcare providers, raised $167 million by offering 9.3 million shares at $18, above the range of $15 to $17. Phreesia plans to list on the NYSE under the symbol PHR. J.P. Morgan, Wells Fargo...read more
US IPO Week Ahead: Large foreign filers and a US unicorn lead 10-deal week
July's post-holiday flood of IPOs is upon us, with nine diverse offerings and a direct listing scheduled for the second-most active week of the year. The three largest IPOs come from Asia, Europe, and South America, but based on the strong reception of recent...read more